GLOBAL PIPE WRENCHES MARKET 2019 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2024

Feb 2019 121

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Synopsis

The pipe wrench (US), Stillson wrench or Stillsons (UK) is an adjustable wrench used for turning soft iron pipes and fittings with a rounded surface. The design of the adjustable jaw allows it to lock in the frame, such that any forward pressure on the handle tends to pull the jaws tighter together. Teeth angled in the direction of turn dig into the soft pipe. They are not intended for use on hardened steel hex nuts or other fittings because they would ruin the head; however, if a hex nut is soft enough that it becomes rounded beyond use with standard wrenches, a pipe wrench is sometimes used to break the bolt or nut free. Pipe wrenches are usually sold in the following sizes (by length of handle): 10, 12, 14, 18, 24, 36, and 48 inches, although smaller and larger sizes are available as well. They are usually made of cast steel. Today, aluminum is also used to construct the body of the wrench, while the teeth and jaw remain steel. Teeth, and jaw kits (which also contain adjustment rings and springs) can be bought to repair broken wrenches, as this is cheaper than buying a new wrench.

Scope of the Report:
First, as for the global Pipe Wrenches industry, the industry concentration rate is not high. The top 5 manufacturers have 41.32% sales revenue market share in 2016. The Stanley Black & Decker which has 12.68% market share in 2016, is the leader in the Pipe Wrenches industry. The manufacturers following Stanley Black & Decker are TTI Group and Apex Tool Group, which respectively has 8.18% and 7.37% market share globally.
Second, the global consumption of Pipe Wrenches products rises up from 9002 units in 2012 to 11486 units in 2016, with an average annual growth rate of 6.90%. At the same time, the revenue of world Pipe Wrenches sales market has a rise from 541.90 m dollars to 635.91 m dollars. The reason causes this increase is the growing demand for the Pipe Wrenches products, which is the result of the spurring needs of downstream customers.
Third, as for the Pipe Wrenches market, it will still show optimistic trend, and technological trends in the market will stay stable.
The worldwide market for Pipe Wrenches is expected to grow at a CAGR of roughly 3.1% over the next five years, will reach 800 million US$ in 2024, from 670 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Pipe Wrenches in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
- Stanley
- RIDGID
- TTI Group
- Apex Tool Group
- SNAP-ON
- Irwin
- REED
- Stahlwille
- Wiha Tools
- Wheeler-Rex

Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
- Small Size (Length=200 mm)
- Medium Size (200 mm - Larger Size (Length=800 mm)

Market Segment by Applications, can be divided into
- Petrochemical Pipeline
- Civil Pipeline
- Others

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pipe Wrenches product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Pipe Wrenches, with price, sales, revenue and global market share of Pipe Wrenches in 2017 and 2018.
Chapter 3, the Pipe Wrenches competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pipe Wrenches breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Pipe Wrenches market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Pipe Wrenches sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Table of Contents

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GLOBAL PIPE WRENCHES MARKET 2019 BY MANUFACTURERS, REGIONS, TYPE AND APPLICATION, FORECAST TO 2024


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